Overseas direct investment

China DigestEconomics and Policy from China's Newspapers Despite rising trade protectionism, China's non-financial FDI sailed onward, totalling US$65.27 billion, a 14.1% jump By Asia Times staff August 30, 2018 5:46 AM (UTC+8) Share Tweet Linkedin Print Email Share 0 Comment 0 China has become one of the largest countries for foreign investment, according to the latest report published by the Academy of China Council for the Promotion of International Trade, the Shanghai Securities Journal reported. China’s foreign investment has grown at an average annual rate of 27.2% in the past 10 years, by far its best period of overseas investment, the report says. For the first seven months of this year, amid rising trade and investment protectionism, China’s non-financial foreign direct investment sailed onward, totalling US$65.27 billion, an increase of 14.1% year-on-year. The structure of China’s foreign direct investment has also been optimized. For the … [Read more...] about China sees best period for foreign direct investment: report

KUALA LUMPUR (BLOOMBERG) - Chinese investors in Malaysia will face more scrutiny if former prime minister Mahathir Mohamad wins back power in the upcoming election. Tun Mahathir, the opposition's candidate for prime minister, said in an interview Friday (April 6) that Chinese investment was welcome if companies set up operations in Malaysia, employed locals, and brought in capital and technology to the country. This wasn't the case now, he said. "Here we gain nothing from the investment," Dr Mahathir, 92, said in his office in Kuala Lumpur. "We don't welcome that." Dr Mahathir's comments reflect broader concerns about Chinese investment across Asia that have stoked political tensions from Australia to Sri Lanka. While many countries are eager to benefit from President Xi Jinping's plan to facilitate hundreds of billions of dollars in infrastructure investment throughout the world, they are also wary of becoming too dependent on China. In Malaysia, Chinese investment has raised concerns … [Read more...] about Mahathir pledges to review China investment after Malaysia vote

The central bank said on Thursday it has eased rules to allow more retail investors to directly invest in overseas securities, a move that comes as it tries to slow the strengthening of the baht currency. Individuals with assets of at least 50 million baht ($1.6 million) but less than 100 million baht can now invest in securities abroad for up to $1 million a year, the Bank of Thailand (BOT) said.Vachira Arromdee, an assistant governor, told reporters the relaxation was not aimed at weakening the baht, but to facilitate doing business and to make it easier for retail investors to invest abroad.She said the central bank will continue to ease foreign exchange rules in line with a previously announced reform.In 2016, the central bank allowed investors with assets of at least 100 million baht to directly invest in overseas securities, up to $5 million a year.Regulators are treading carefully after tough capital controls imposed in late 2006 triggered a plunge in the stock market. Those … [Read more...] about More people allowed to invest overseas

The central bank said on Thursday it has eased rules to allow more retail investors to directly invest in overseas securities, a move that comes as it tries to slow a strong baht currency. Individuals with assets of at least 50 million baht ($1.60 million) but less than 100 million baht can now invest in securities abroad for up to $1 million a year, the Bank of Thailand said in a statement.Previously, only investors with assets of at least 100 million baht were able to invest directly in overseas securities for up to $5 million a year, it said.The baht traded at 31.35 per dollar at 0349 GMT, hovering at its highest level since November 2013. It's Asia's best performing currency this year, rising 4% against the greenback. … [Read more...] about BoT tweaks rules to allow more investors to directly invest overseas

Finansia Syrus Securities has partnered with VN Direct Securities, Vietnam's top online brokerage firm, to allow Thai investors to directly invest in Vietnamese securities via an online trading platform. Chief executive Chuangchai Nawongs said the company is the only domestic brokerage firm providing direct online equities trading on the Hanoi Stock Exchange and the Ho Chi Minh Stock Exchange.The partnership allows customers to conduct trade and securities transactions by themselves, as opposed to making a call to place an order, said Mr Chuangchai.Investors can monitor their investment portfolios in real-time through a smartphone application or when browsing the internet.The move will encourage customers to become more active as Vietnam is viewed as having high growth potential, with GDP expected to expand 7% annually over the next three years, he said.The Vietnamese stock markets also generate high investment returns, registering a 48% return in 2017, 14.8% in 2016, and 6.12% in … [Read more...] about Thais given direct line to Vietnam